Prospera Financial Services Inc Has $10.52 Million Stake in First Trust RiverFront Dynamic Developed International ETF $RFDI

Prospera Financial Services Inc raised its stake in shares of First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) by 5.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 137,127 shares of the company’s stock after buying an additional 7,247 shares during the quarter. Prospera Financial Services Inc owned about 7.97% of First Trust RiverFront Dynamic Developed International ETF worth $10,520,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of RFDI. Janney Montgomery Scott LLC raised its position in shares of First Trust RiverFront Dynamic Developed International ETF by 7.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 4,100 shares of the company’s stock valued at $299,000 after acquiring an additional 288 shares during the period. Envestnet Asset Management Inc. grew its holdings in First Trust RiverFront Dynamic Developed International ETF by 11.3% during the second quarter. Envestnet Asset Management Inc. now owns 147,934 shares of the company’s stock valued at $10,787,000 after purchasing an additional 15,063 shares during the period. Per Stirling Capital Management LLC. increased its stake in First Trust RiverFront Dynamic Developed International ETF by 3.9% in the second quarter. Per Stirling Capital Management LLC. now owns 205,166 shares of the company’s stock valued at $14,961,000 after purchasing an additional 7,633 shares in the last quarter. Cetera Investment Advisers raised its holdings in First Trust RiverFront Dynamic Developed International ETF by 18.5% in the second quarter. Cetera Investment Advisers now owns 93,760 shares of the company’s stock worth $6,837,000 after purchasing an additional 14,622 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new stake in First Trust RiverFront Dynamic Developed International ETF in the second quarter worth $29,000.

First Trust RiverFront Dynamic Developed International ETF Stock Down 0.1%

Shares of NASDAQ RFDI opened at $87.67 on Wednesday. First Trust RiverFront Dynamic Developed International ETF has a twelve month low of $58.54 and a twelve month high of $87.76. The stock has a market cap of $150.79 million, a price-to-earnings ratio of 12.09 and a beta of 0.88. The company’s fifty day moving average is $82.21 and its 200-day moving average is $78.55.

First Trust RiverFront Dynamic Developed International ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a $0.9961 dividend. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust RiverFront Dynamic Developed International ETF’s previous quarterly dividend of $0.38. This represents a $3.98 dividend on an annualized basis and a yield of 4.5%.

First Trust RiverFront Dynamic Developed International ETF Company Profile

The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an exchange-traded fund that is based on the FTSE Developed ex U.S. index. The fund is an actively-managed fund that seeks capital appreciation from developed-country stocks (excluding the US) selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio. RFDI was launched on Apr 13, 2016 and is managed by First Trust.